Tag Archives: Risk Off Trade
EPV ProShares UltraShort MSCI Europe Daily Chart
We’re making another assault on the 200 day…the weekly avg’s also converge right around 46. This will be a good indicator for the remainder of the session. Sustaining and closing above 46 is bearish Equity Indices. This is a Risk … Continue reading
CYA Time
No matter which side of the market you’re attempting to trade from… Cover your rear today…. Use tight Stops…The Board is presently Risk Off going into London’s last hour or so of trading. After London’s close, meetings will be held … Continue reading
General Notes
It’s going to be easier to technically trade the individual names than the stock Indices, particularly if you want to bottom fish for a rebound. I’m headed out the door! Gold..1610 ish will be a big hurdle zone. Should be … Continue reading
A.M. Look 5/18/12
Short pretty much everything/Long Gold has been the complexion of the board for the past 2 days. Everyone is waiting for Facebook to save the market. Pay attention to the opening range trade here! Sustained price action below its opening … Continue reading
A.M. Look 5/17/12
Rallies to nowhere. Sell rallies not breaks until this plays out. The patient Day trader will be able to make money from both sides of the market. We’ll look around the board this A.M. to see if there are any … Continue reading
A.M. Look 5/16/12
USD/BRL… 20270 is the next Dollar resistance level…next are the bigger Fibs @ 20700. NZD/USD…76.20-40 is a pivotal level. Once convincingly through, this should go to 74 for a start. Both of the above are Risk currencies. More Risk Off … Continue reading
A.M. Look 4/26/12
EUR/GBP…has been a big mover over the past month. This cross is getting mildly oversold on the intermediate time frames. It’s also 50% back on a 6 year swing ( a big swing). Forex players involved in this cross should … Continue reading
A.M. Look 4/23/12
Here we are, right back to last week’s low in the Equity Indices. Looking at the board, most every trade is the same trade. It’s a “Risk Off” Look. AUD/JPY…EUR/JPY…SPU/BONDS…DAX/BUNDS NASD 100…mid 2630’s will be support and a possible bear … Continue reading
QID/SDS ….Trade Alert!!!
We’re BUYING SDS & QID @ the market. This is a short SPU & Nasd 100 Futures trade. Pros sell rallies in the futures against 1390 Spu/2730 Nasd 100 The stop on the ETF’s is yesterday’s Low.